MetaSolv sued in bid to block takeover by Oracle

I wonder if this is a question of valuation (Discovery is described as an "investment group"). During the post-announcement conference call in October (it's still on earnings.com) the sell-side analysts didn't sound too happy with the price MetaSolv sold for ($219 million). I just re-listened to the call and picked out these quotes: "Like to have seen a better valuation," and "quite disappointing."


MetaSolv, which makes products for the communications and media industries, said in a regulatory filing that Discovery Partners filed a class action petition charging that the company's directors breached their fiduciary duties to shareholders by agreeing to the merger.


[MetaSolv][Oracle][M&A]